Fungwun83

Fungwun83

looking toward downside of this price movement Trading the ABC then looking for impulsive wave down, protecting the trade with a trendline controlling the downward movement with stops at the same place high

Fungwun83

The larger trend is still down and it has broken major trendlines, the current move is likely a Correction ending at this point to go further down.

Fungwun83

Just a corrective move to wave 4 and found support at wave 4 zone. We now is starting a new wave to the upside, Wave 1 another opportunity to get in is after a ABC correction on wave 2 for the long side

Fungwun83

Elliot wave, after long consolidations we can see the usd/cad possibly head toward the 1.30 area. on Fib Targets

Fungwun83

ABC correction formed on the hourly chart there is room to go up for a few pips. Breakout

Fungwun83

Elliot wave ABC breakdown , Wave analysis. Below a trendline rejection off it